Grizzly Discoveries (GZD) AI Stock Analysis

• Market Cap: C$8.26M
• Dividend Yield: N/A
• Average Volume (3M): 130.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: N/A
• EPS Growth: 34.21%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 206,465,960
• 10 Day Avg. Volume: 138,860
• 30 Day Avg. Volume: 130,231
• PEG Ratio: 0.22
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: C$0.04 ▲(75.00% Upside)
• Action: Reiterated Date: 02/25/26
• Date: Action: Reiterated 02/25/26

The score is held down primarily by weak fundamentals—no revenue, ongoing losses, and negative operating cash flow—despite some improvement in loss and cash burn. Technicals are a notable offset, with price above key moving averages and positive MACD, while valuation is constrained by a negative P/E tied to unprofitability.

Positive Factors

Low leverage / sizable equity base

A large equity base relative to minimal debt provides durable financial flexibility for an exploration company. Low leverage reduces default risk, supports ongoing drilling and surveys without immediate refinancing, and improves bargaining power for future JV or offtake deals.

Improving loss and cash-burn trends

Narrowing losses and reduced cash burn indicate better cost discipline and more efficient use of capital. Sustained improvement can lengthen runway, lower near-term financing needs, and increase the chance that exploration milestones can be reached before material dilution.

Focused exploration business model

A clear, execution-focused exploration mandate (mapping, sampling, geophysics, defining drill targets) is structurally appropriate for discovering value-bearing assets. A disciplined, staged exploration approach raises odds of creating JV or acquisition interest without heavy ongoing SG&A overhead.

Negative Factors

No revenue / unprofitable operations

Lack of revenue and persistent operating losses mean the company remains pre-revenue and reliant on capital markets. Over months, continued unprofitability can erode shareholder value, limit strategic flexibility, and force dilutive financing before any commercial mineral production.

Negative operating and free cash flow

Ongoing negative operating and free cash flow require continued external funding to sustain exploration. Even with improved burn, the company cannot self-fund activities; this heightens execution risk if capital markets tighten and increases the probability of equity dilution or scaled-back programs.

Negative returns on equity

Sustained negative ROE signals capital is not generating returns and will gradually deplete the equity cushion. Over time this weaker capital base can raise funding costs, constrain partnership options, and reduce resilience to adverse exploration outcomes or commodity cycles.

Grizzly Discoveries Business Overview & Revenue Model

Company Description

Grizzly Discoveries Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, copper, silver, and cobalt deposits. It holds interests in Greenwood Project covering approximately 180,000 contiguous acres; and a 100% interest in Robocop property comprising of five mineral claims that covers an area of 5,864 acres located in southeastern British Columbia. The company was formerly known as Grizzly Diamonds Ltd. and changed its name to Grizzly Discoveries Inc. in January 2010. Grizzly Discoveries Inc. was incorporated in 2002 and is headquartered in Edmonton, Canada.

How the Company Makes Money

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Grizzly Discoveries Financial Statement Overview

Summary

Operating profile remains weak with no revenue and continued losses (TTM EBIT -294k; net loss -353k) and still-negative operating cash flow (TTM -179k). Positives include improving loss and cash burn trends versus prior years and a low-leverage balance sheet supported by sizable equity (~$10.0M) versus low debt ($250k).

Income Statement

TTM (Trailing-Twelve-Months) results show no revenue and continued operating losses (EBIT of -294k; net loss of -353k). Losses have narrowed versus recent annual periods (net loss improved from -403k in FY2025 and -582k in FY2024), which is a modest positive trend, but the business still lacks demonstrated revenue generation and remains unprofitable.

Balance Sheet

The balance sheet is supported by a sizable equity base (~$10.0M) versus low debt ($250k), resulting in low leverage (debt-to-equity ~0.03 in TTM (Trailing-Twelve-Months)). Total assets are broadly stable (~$10.4M TTM). The key weakness is ongoing losses driving negative returns on equity (about -3.6% TTM (Trailing-Twelve-Months)), which can gradually erode equity if not reversed.

Cash Flow

Cash generation remains weak: TTM (Trailing-Twelve-Months) operating cash flow is negative (-179k) and free cash flow is also negative (-29k). While cash burn has improved meaningfully from larger outflows in prior years (e.g., FY2023 operating cash flow of -759k and free cash flow of -2.43M), the company is still not self-funding and cash flows do not yet consistently offset losses.

Breakdown	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	-217.69K	121.72K	0.00
EBITDA	-402.95K	-618.46K	-517.88K	-560.53K	-378.42K
Net Income	-402.95K	-582.06K	-735.57K	-435.29K	-364.16K
Balance Sheet
Total Assets	10.37M	10.52M	9.88M	10.21M	8.01M
Cash, Cash Equivalents and Short-Term Investments	88.65K	224.08K	214.78K	2.21M	173.14K
Total Debt	250.00K	0.00	0.00	0.00	0.00
Total Liabilities	466.29K	634.66K	264.83K	576.69K	363.39K
Stockholders Equity	9.90M	9.88M	9.61M	9.63M	7.65M
Cash Flow
Free Cash Flow	0.00	-449.13K	-2.43M	-481.89K	-1.11M
Operating Cash Flow	-250.94K	-449.13K	-758.59K	-326.06K	-304.16K
Investing Cash Flow	-22.38K	-321.69K	-1.66M	-154.88K	-782.85K
Financing Cash Flow	132.06K	802.74K	450.51K	2.50M	423.51K

Grizzly Discoveries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GZD, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and below the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 55.39 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GZD.

Grizzly Discoveries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PER	68 Neutral	C$23.45M	0.93	14.20%	―	16.85%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GZD	51 Neutral	C$8.26M	-25.94	-4.07%	―	―	34.21%
RKR	48 Neutral	C$9.91M	-6.86	35.32%	―	―	91.92%
CRUZ	46 Neutral	C$7.59M	-6.60	-24.99%	―	―	27.50%
AME	43 Neutral	C$6.04M	-0.74	―	―	―	6.36%
CAT	42 Neutral	C$3.40M	-16.35	89.38%	―	―	89.47%

Grizzly Discoveries Corporate Events

Grizzly Discoveries Raises $541,100 in First Tranche of Private Placement

Grizzly Discoveries has closed the first tranche of its previously announced non-brokered private placement, raising gross proceeds of $541,100 through the sale of 2,030,000 units and 13,430,000 flow-through units priced at $0.035 each. The financing structure includes common shares and warrants with exercise prices of $0.055 and varying expiry terms, and the offering remains open for additional subscriptions subject to TSX Venture Exchange final approval.

In connection with this initial closing, the company paid $29,463 in cash finders’ fees and issued 841,800 non-transferable finder’s warrants on terms equivalent to the flow-through unit warrants. Following the transaction, Grizzly has 221,925,956 common shares outstanding, with the newly issued securities subject to a hold period until July 18, 2026, underscoring a modest but meaningful capital infusion to support its ongoing mineral exploration activities.

The most recent analyst rating on (TSE:GZD) stock is a Hold with a C$0.04 price target. To see the full list of analyst forecasts on Grizzly Discoveries stock, see the TSE:GZD Stock Forecast page.

Grizzly Discoveries launches $1 million private placement to fund exploration

Grizzly Discoveries Inc. has launched a private placement offering of up to $1 million in Units and flow-through Units, each priced at $0.035, to investors in select Canadian provinces and other permitted jurisdictions. Each Unit includes one common share and a warrant, while each flow-through Unit combines a tax-advantaged share structure with half a warrant, all subject to defined exercise prices, expiry terms, and a trading hold period.

If fully subscribed, the financing is expected to channel approximately $750,000 into mineral property exploration and a further $50,000 into mineral rights and permits, with the balance earmarked for management fees and corporate overhead through mid-2026. The placement, which may include finder’s fees and remains conditional on TSX Venture Exchange approval, is intended to strengthen Grizzly’s funding base for its exploration programs in southeastern British Columbia and support ongoing corporate operations.

The most recent analyst rating on (TSE:GZD) stock is a Hold with a C$0.04 price target. To see the full list of analyst forecasts on Grizzly Discoveries stock, see the TSE:GZD Stock Forecast page.

Grizzly Identifies Strong IP Anomalies and Plans Drilling at Sappho Critical Minerals Target

Grizzly Discoveries has reported significant conductivity and chargeability anomalies from a recent induced polarization survey at its Sappho critical minerals target in Greenwood, B.C., reinforcing the area’s potential for copper-gold skarn and porphyry mineralization. The survey outlined a strong near-surface conductive zone coincident with known skarn showings and historical drill intercepts, along with a new deeper chargeability anomaly comparable to signatures seen at other recent porphyry discoveries in the province.

These geophysical results, combined with previous high-grade rock samples containing over 1% copper and notable platinum group metal values, have prompted Grizzly to plan a fully funded drilling campaign of 4 to 6 holes totaling up to 2,000 metres starting in early to mid-April. The work is expected to test both the near-surface and deeper targets within a structurally controlled setting linked to the Toroda Graben, potentially enhancing the project’s exploration upside and Grizzly’s positioning in the critical minerals sector if successful.

The most recent analyst rating on (TSE:GZD) stock is a Hold with a C$0.04 price target. To see the full list of analyst forecasts on Grizzly Discoveries stock, see the TSE:GZD Stock Forecast page.

Grizzly Launches IP Survey Ahead of Drilling at High-Grade Sappho Critical Minerals Target

Grizzly Discoveries has mobilized a geophysical crew to its Sappho critical minerals target in the Greenwood area of British Columbia to begin an induced polarization survey ahead of a drilling program expected to start in mid-February. The work follows encouraging historical drilling and recent surface sampling that returned multiple high-grade copper and platinum group element values, reinforcing the potential for copper-gold skarn and porphyry-style mineralization linked to Jurassic and younger diorite intrusions. The Sappho campaign forms part of a broader, ongoing exploration push across several Greenwood-area prospects, where recent soil and rock sampling and planned ground geophysical surveys are designed to refine drill targets and potentially unlock new discoveries amid strengthening prices for copper and other critical metals.

The most recent analyst rating on (TSE:GZD) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Grizzly Discoveries stock, see the TSE:GZD Stock Forecast page.

Grizzly Ramps Up IP and Drilling at Sappho Critical Minerals Target in B.C.

Grizzly Discoveries plans an induced polarization survey and diamond drilling program in early 2026 at its Sappho critical minerals target in the Greenwood area of British Columbia, following strong historical and recent surface sampling and drilling results that indicate significant copper, gold, silver and platinum group element potential. The new work at Sappho, alongside ongoing soil, rock sampling and planned ground geophysics across additional targets such as Midway, Motherlode and Rock Creek, underscores the company’s strategy to delineate drill-ready copper-gold skarn and porphyry targets at a time of rising critical metals prices, potentially strengthening its exploration pipeline and positioning within the regional battery and precious metals sector.

The most recent analyst rating on (TSE:GZD) stock is a Hold with a C$0.02 price target. To see the full list of analyst forecasts on Grizzly Discoveries stock, see the TSE:GZD Stock Forecast page.